Headlam Group (LON:HEAD) Hits New 12-Month Low - Here's What Happened

Shares of Headlam Group plc (LON:HEAD - Get Free Report) hit a new 52-week low on Tuesday . The stock traded as low as GBX 120 ($1.51) and last traded at GBX 123.50 ($1.55), with a volume of 64159 shares. The stock had previously closed at GBX 126.25 ($1.59).

Headlam Group Stock Performance

The company has a current ratio of 1.29, a quick ratio of 0.72 and a debt-to-equity ratio of 46.58. The firm has a market cap of £93.98 million, a price-to-earnings ratio of -7.70 and a beta of 1.42. The stock has a fifty day moving average price of GBX 134.09 and a 200 day moving average price of GBX 137.51.

Insider Activity

In related news, insider Jemima Bird acquired 7,677 shares of the stock in a transaction dated Friday, December 20th. The shares were acquired at an average price of GBX 147 ($1.85) per share, with a total value of £11,285.19 ($14,204.14). 4.26% of the stock is currently owned by insiders.

Headlam Group Company Profile

Headlam is the UK's leading floorcovering distributor. Operating for over 30 years, the Company has expanded to a network of c. 2,030 people, 17 distribution branches, and 76 trade counters. The Company works with suppliers across the globe manufacturing the broadest range of products, and gives them a highly effective route to market, selling their products to the large and diverse trade customer base. The Company has an extensive customer base spanning independent and multiple retailers, small and large contractors, and house builders.